Tesla Racing Ahead

The stock of electric car maker Tesla (TSLA) got a boost of four percent yesterday after the company said it expects $60 million in revenue for building the electrical system for the new Toyota (TM) RAV4 sport utility vehicle. Shortly after the Silicon Valley company's initial public offering in June, Toyota took a small $50 million stake in the company.Tesla's car battery technology is reportedly highly regarded in the nascent electric car industry. The partnership calls for Tesla to build the battery, motor, gearbox and electric control system for the RAV4, which is expected to be sold in 2012.Complete Story »

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Tesla Motors Inc., propelled by praise from Consumer Reports and plans to build a better battery and expand in Asia, has cemented its place as the highest-flying automobile stock in at least two decades.
The luxury electric-car maker’s 619 percent rally in the last 12 months is unmatched by any global automaker in at least 20 years, according to data compiled by Bloomberg. Tesla’s almost 15-fold jump since its June 2010 initial public offering is also bigger than any U.S. stock that has debuted since 2006.

Tesla Motors Inc. (NASDAQ:TSLA) is up in trade on Wednesday, after the company confirmed its deal with South Korean battery supplier LG Chem Ltd. The auto maker has struck a deal with the batter maker to supply lithium batteries to be used for upgrades to its first vehicle ever, the Roadster.

Tesla Motors Inc (NASDAQ:TSLA) may not be able to meet its annual delivery target. This is what Baird sell side analyst Ben Kallo thinks of the company, after studying placement of few reservation holders, which have not made much progress for some time.

After the recent diesel emission scandal involving Volkswagen, German automakers are taking electric vehicles (EVs) seriously. So seriously, that they plan to give Silicon Valley EV maker Tesla Motors Inc. (NASDAQ:TSLA) a run for its money.

After Baird downgraded Tesla Motors Inc. (NASDAQ:TSLA) stock earlier this month, the investment firm has released yet another research report, reaffirming its cautious outlook on the electric automaker. The firm believes that Tesla may be unable to meet its delivery target for full year, since the production ramp for the recently launched Model X is potentially taking more time than expected. It will also take time as Tesla fine-tunes its operations and processes.

REUTERS/James Glover IISPARKS, Nevada (Reuters) - Tesla's next strategic turn could cost the electric car maker "tens of billions" of dollars over the long term, but will likely require only a "modest" capital raise, Chief Executive Elon Musk said on Tuesday.

Tesla Motors Inc. (NASDAQ:TSLA) has big plans to recruit as it announced 1,656 job openings on Monday, reports Bloomberg. The company is in need of people with diverse skills, experiences and background.

According to Motor Intelligence, Tesla Motors Inc. (TSLA) sold 1,600 units in the US last month, bringing total sales for the first quarter of its fiscal 2014 (1QFY14) to 4,700 units, a mere 1% increase from the year-earlier period. Compared to sales for 4QFY13, which totaled 6,892 units, sales declined 31.8% this quarter.

Tesla Motors Inc.’s (TSLA) stock price performance seems to have entered overdrive mode. Shares of the Palo Alto-based electric carmaker have gained over 40% in the past month alone, and rose 14% yesterday to reach an all-time high of $248 after Morgan Stanley raised its 12-month target price for the stock to $320, up from a previous target of $153.